Bank of Maharashtra has reported results for third quarter ended December 31, 2012.
The bank has reported 43.17% rise in its net profit at Rs 194.06 crore for the quarter as compared to Rs 135.54 crore for the same quarter in the previous year. Total income of the bank has increased by 34.11% at Rs 2710.16 crore for quarter under review as compared to Rs 2020.78 crore for the quarter ended December 31, 2011.
The bank’s gross NPA for the December 31, 2012 quarter of the current fiscal stood at 1.71%, as compared to 2.06% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 0.66% as compared to 0.54% in the same quarter of the previous year.
